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- Stocks have struggled over the second half of 2023 – and the pain isn't over yet, according to Morgan Stanley's Mike Wilson.
- Weak earnings will drag the S&P 500 down another 8% by the end of the year, he said Monday.
- Big Tech giants Microsoft, Alphabet, Meta and Amazon are all set to report their quarterly results this week.
US stocks won't rally anytime soon, Morgan Stanley's top strategist has warned.
Mike Wilson said Monday that he expects the S&P 500 to drop this week, with weaker-than-expected earnings likely to snuff out any potential rebound for the benchmark index.